Category Archives: Industry Insights

New Radio Frequency Identification Technology Set to Transform Poultry Supply Chain Traceability

In a significant development for the poultry supply chain, a novel form of radio frequency identification (RFID) is poised to revolutionize traceability from farm to fork, offering unprecedented accuracy and visibility. Traceability stands as a cornerstone for the poultry industry, serving crucial roles in managing foodborne illness outbreaks, ensuring operational efficiency, and meeting regulatory standards.…

Digital Transformation and IoT Reshaping Supply Chain and Logistics Sector

The dynamics of the logistics and supply chain industries are experiencing a significant shift, propelled by the forces of digital transformation and the Internet of Things (IoT). In the aftermath of the global pandemic, these sectors are navigating through a transformative phase aimed at achieving sustainability, customer-centricity, and resilience. This transformative journey, as outlined in…

Taiwanese Companies Showcase Drone Technology to Secure Supply Chain Position

A delegation of 78 representatives from Taiwan, including government officials and members from 15 companies, is currently showcasing the country’s advancements in autonomous vehicles and related technology at XPONENTIAL 2024 in San Diego, California. Luo Zheng-fang, chairperson of GEOSAT Aerospace & Technology Inc. and a prominent figure in the Taiwanese drone industry, highlighted Taiwan’s ambition…

$17.5 Million Investment in Domestic Critical Minerals Supply Chain

The U.S. Department of Energy (DOE) has announced a $17.5 million funding allocation for four projects aimed at developing a domestic supply chain for critical minerals and materials. This investment, part of President Biden’s Investing in America agenda, seeks to lower costs and reduce environmental impacts associated with the onshore production of rare earths and…

Survey Shows Supply Chain Technology Investments Boost Revenue

New research highlights the significant impact of investments in supply chain technology on revenue growth and operational efficiency. According to a survey conducted by a cloud-based integration platform, 80% of businesses reported an increase in revenue within one year of investing in supply chain technology. The survey, which gathered responses from 301 professionals across five…

EU Parliament Votes in Favor of Supply Chain Accountability Law

In a significant move for corporate accountability, the European Parliament has approved a proposed law aimed at ensuring that large companies take responsibility for preventing and addressing human rights and environmental abuses within their global supply chains. The European Corporate Sustainability Due Diligence Directive (CSDDD) mandates that large corporations conduct due diligence regarding human rights…

Logistics Scheduling Software Startup Secures $2.75 Million Pre-Series A Funding for Expansion

In a significant development for the logistics industry, a scheduling software startup has successfully raised $2.75 million in pre-Series A funding, signaling its intentions for market expansion in the United States. The funding round was led by a prominent Sydney-based venture capital firm, along with contributions from various angel investors and family offices. The startup…

Emphasis on Management Training Fuels Success in Logistics Sector

Amidst the ever-evolving landscape of the logistics industry, a prominent operator is prioritizing management training to propel success. With a workforce exceeding 1,400 globally and a notable expansion over the last decade, there arises a pressing need for enhanced training and development initiatives within the logistics sector. Effective management training holds the potential to significantly…

Prioritizing Circular Plastics Supply Chains

In the global pursuit of a circular economy for plastics, attention has turned towards prioritizing the role of informal waste workers. With upcoming negotiations for a global treaty on plastics pollution and the signing of its final text on the horizon, stakeholders within plastics supply chains are urged to adapt for transformation. Informal waste workers,…

Cutting-Edge AI Solutions Unveiled to Revolutionize Supply Chain Management

In a bid to transform supply chain operations, a leading enterprise application software company has rolled out innovative artificial intelligence (AI) offerings tailored for the industry. The AI-driven advancements aim to empower businesses with real-time insights derived from data analytics, enabling informed decision-making throughout the supply chain lifecycle. By harnessing AI capabilities, companies can optimize…